62 Main St Freehold, NJ 07728
- Commercial real estate
- 2,844 SF
- 0.20 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 62 Main St
- Year built
- 1905
- Construction
- FRAME
- Lot size
- 0.20 lot acres
- Property size
- 2,844 SF
- Property type
- Commercial real estate
- APN
- 16 00051-0000-00004
- APU
- 1600051000000004
Description
This exceptional 2,844 square foot commercial office space is ideally situated at 62 E Main Street, Unit 62, in the thriving Freehold, NJ, business district. The property sits on a 0.2-acre lot and offers ample parking for employees and clients. The interior boasts a unique blend of modern functionality and rustic charm, featuring exposed wooden ceiling beams and rustic wood window trims. Six-year-old windows provide abundant natural light, illuminating the hardwood floors throughout the expansive office area. This versatile space is well-suited for a variety of business types and offers a warm, inviting atmosphere. Its prime location offers unparalleled convenience, being within walking distance of county offices, a diverse selection of restaurants, shopping options, the courthouse, and public transportation. The asking price for this exceptional Freehold commercial property is $549,999. This presents a rare opportunity to establish or expand your business in a highly desirable and accessible location. The property's combination of size, location, and unique aesthetic makes it an attractive investment for discerning business owners. Don't miss this chance to secure a prominent presence in the heart of Freehold.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $345,000
- 6.5%
- $355,000
- 7%
- $360,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $390,000
- Geo Method
- $395,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $395,000
- Retail
- $335,000
- Mixed-Use
- $325,000
- Hospitality
- $430,000
- Educational
- $385,000
- Residential Income
- $440,000
- Energy
- $355,000
- Income-Based Land
- $335,000
- Food Service
- $375,000
Location Insight
- Map
- Local Demand
- City
- Freehold
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.271
- Latitude
- 40.2619
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA